22-05-2026 16:14 via cnbc.com

Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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The May jobs report will be released Friday. Here's what to expect
The May jobs report will be released Friday. Here's what to expect
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
Job openings in April surged to 7.6 million, the highest in nearly two years
Job openings in April surged to 7.6 million, the highest in nearly two years
Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Iran war cost: Average U.S. household paying $450 more on gas and energy
Iran war cost: Average U.S. household paying $450 more on gas and energy
How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most
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